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New2 hours ago

1235 Old River Road

Mineola, Mississauga

$1,598,800

Detached|Bungalow
3 | 2 | 4
About this home

A rare opportunity in prestigious Mineola West. Set on an exceptional 88 x 140 ft lot surrounded by mature trees, 1235 Old River Road offers an outstanding combination of lifestyle, location and future potential in one of Mississauga's most coveted neighbourhoods. This charming and well-maintained 3-bedroom, 2-bathroom bungalow provides a wonderful opportunity to move in and enjoy, hold as an investment, renovate, or explore the possibilities of creating a future custom residence on an impressive nearly 0.28-acre property.Inside, a bright and inviting layout features rich hardwood flooring, beautifully renovated bathrooms and sun-filled principal rooms. The kitchen is appointed with stainless steel appliances, a farmhouse sink and adjoining breakfast area, while the dining room opens directly to the interlocked patio for seamless indoor-outdoor entertaining.Outside is where this property truly distinguishes itself. The expansive backyard is framed by mature greenery and features a picturesque creek running through the property, creating a peaceful and remarkably private setting rarely found within the city. A newer, taller rear fence further enhances the sense of seclusion.Located along one of Mineola West's beautiful tree-lined streets and just minutes from Port Credit's waterfront, restaurants, cafés and boutiques, the Mississauga Golf & Country Club, lakefront trails, highly regarded schools, Port Credit GO and the QEW. Whether you're searching for an exceptional place to call home today or a premium property with compelling long-term potential, 1235 Old River Road represents a rare opportunity to secure an outstanding piece of Mineola West.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$10,566
Lot Size88 ft x 139.29 ft
mls© NumberW13706870
Listed ByRE/MAX REALTY ENTERPRISES INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,183
Property tax
$881
Heat allowance
$150
Housing costs
$9,214 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $319,760
25-yr amortization

Income needed

$284,000

gross annual household income

Payment at 4%
$6,728 / mo
Cash down
$319,760

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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